RCS Personal Loan: Overview

Overview

The unpredictable nature of life has often put numerous people into challenging situations. Finding themselves without any help when financial emergencies come up has led to many people towards finding other solutions.

Fortunately, in addition to banking institutions, there are other reputable lenders that offer solutions for individuals seeking financial help.

Applying for an RCS Personal loan can offer a fast, efficient solution for individuals in need of financial assistance. One of the main benefits of applying for finance from RCS is that there is a fast, paperless application.

Tell me more about applying for an RCS Personal Loan?

Loan amounts range between a minimum of R2000 and a maximum of R200 000. There are no limits placed on borrowers in terms of how they can use the money. Once the application has been received and all is in order, the approval process is quite fast. Payouts can be expected within 24 hours.

RCS is a registered financial services provider and is fully compliant with regulations set according to the National Credit Act (NCA).

An initiation fee is charged upfront prior to the loan being paid into the borrower’s account. Repayment periods are quite flexible, considering that there are 12 to 60 months to repay. Customer Protection Insurance is included in case the borrower is unable to repay the loan due to extenuating circumstances. This cover ensures that the loan is paid off in full.

Applications can be done online, saving not only time, but also money. Rather than having to travel to a bank branch to apply for a loan, there is now an easier way to access cash in an emergency. As long as you have a good credit record and you can prove that you will be afford repayments, you’re more likely to be approved for an RCS Personal Loan.

For more information, contact 0861 729 727.